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$4,311 (target)

7624 Lake Meadow Dr, Ontario, NY 14519

3 beds • 3 baths • 1645 sqft

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This property might be a fair Mid-Term investment with a projected 5.04% first-year return on $91,479 initial cash invested.

5.04%

Cash On Cash

8.01%

Cap Rate

1.31

DSCR

$4,311

Rent

$384

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,311 income − $3,927 expenses = $384 cash flow

Income$4,311Mortgage P&I$1,78041%Property Taxes$56113%Insurance$1223%Management$51712%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47411%Cash Flow$384

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,311

Total Expenses

$3,927

Mortgage P&I

41%

$1,780

Property Taxes

13%

$561

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$517

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$474

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